NO ASSIGNMENT BY LESSEE. Without the prior written consent of lessor, lessee shall not (a) assign, transfer, pledge or hypothecate this lease, the equipment or any part thereof, or any interest therein, or (b) sublet or rent the equipment or any part thereof or permit the equipment or any part thereof to be used by anyone other than lessee or lessee's employees. Consent to any of the foregoing prohibited acts applies only in the given instance; and is not a consent to any subsequent like act by lessee or any other person.
Appears in 2 contracts
Sources: Lease of Personal Property (Plastics MFG Co), Lease of Personal Property (Plastics MFG Co)